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World Bank says Caribbean trade and growth can improve

Published:Wednesday | June 17, 2015 | 6:51 PM

A new World Bank report says there is potential for boosting trade in the region and accelerating growth.

The report released yesterday, shows that Caribbean Community (CARICOM) agreements have increased intra-regional trade and common market exports in the region.

The World Bank’s report also says in order for productivity and competitiveness to improve, the business environment and investment climate must be enhanced.

Some of the policy recommendations are being discussed at the Caribbean Growth Forum,  to locate new strategies and tools to stimulate productivity, competitiveness and entrepreneurship.